Hong Kong
TK Elevator’s TWIN challenges conventional elevator systems
TK Elevator’s TWIN challenges conventional elevator systems
Its ability to operate two elevator cars in one shaft has eased a huge pain point in the usability of floor space in high-rise buildings.
On a day trip? This marketplace allows 2-hour hotel stay and anytime-check-in
With Flow, customers can cut 50% to 70% of the price they usually pay for an overnight stay.
Tencent Music plans to debut in Hong Kong as early as next week: report
Marketing activites are said to start in the next few days.
Gov’t adds EAST Hong Kong as designated quarantine hotel
Inbound travellers undergoing quarantine can book the hotel starting 15 September.
En-bloc industrial property worth $1.08b in Chai Wan up for sale
It can be redeveloped into a mega logistic and data centre.
Gov’t sets final issuance amount of its 7th silver bond at $45b
It's higher than its target issuance amount of $35b.
Gov’t removes quarantine requirement for aircrew
They can leave the airport upon their arrival if they obtain a negative test result.
Gross value of construction works rises 3.8% YoY to $59.5b in Q2
Of the total, $15.2b were from construction works performed at private sector sites.
Situation of SMEs improves but remains unfavourable
The diffusion index (DI) on business receipts amongst SMEs rose to 45.4 in August.
How your business can get the most out of the metaverse
From the MTR’s launch of a ‘Web3’ (an internet service using decentralised blockchains) metaverse partnership with The Sandbox platform to K11 MUSEA’s METAVISION NFT showcase on HSBC’s Main Building façade back in June 2022, signs of metaverse are proliferating in our lives, and proliferating fast.
How many working days will it take before Hongkongers can afford Apple's newest phone?
The iPhone 14 Pro (128 GB) costs HK$8,599.
HK is still the world’s freest economy: Fraser Institute
It held the top rank since the inception of the annual economic freedom report.
Despite a 0.28 point drop in its rating, Hong Kong still ranked first in the latest Economic Freedom of the World report by the Fraser Institute, making it the freest economy in the world.
According to the Fraser Institute, Hong Kong has held the top rank in the index since the inception of its annual economic freedom report in 1980. Frasers Institute issued the report in 1980, 1990, 2000, 2010, 2015, 2019, and 2020, with the latter being the latest edition.
Fraser Institute measures the degree of economic freedom in five areas – the size of government, legal system and property rights, sound money, freedom to trade internationally, and regulation.
Hong Kong got a rating of 8.24, 7.5, 9.65, 8.73, and 8.84 in the five areas, respectively.
The government, for its part, welcomed the Fraser Institute's ranking, adding that the result affirms the city’s “commitment to maintaining an efficient, free, open and fair business environment.”
The government added that it will continue to consolidate Hong Kong's strengths --- free flow of capital, free trade, judicial independence, and more --- to provide a conducive environment for businesses.
Business receipts of major service industries ‘improve’ in Q2
This is thanks to the moderated epidemic and eased health measures.
How can office landlords achieve ESG goals?
Only 38% of total Grade A office stock is environmentally certified, as per Colliers.
BOC Hong Kong arranges $115.8m green-linked loan for China Overseas Land & Investment
COLI will enjoy savings in borrowing costs should it meet performance targets.
En-bloc commercial building worth $280m in Prince Edward up for sale
It will be sold on an “as-is” basis.
Gov't retains social distancing measures in business establishments until Sept. 21
Bars and pubs will still need to operate at 75% capacity.